Bitcoin Forum

Hard forks is now replacing ICOs as a way to raise funds

In 2017 there have been more than 1000 ICOs

This means that in 2018 we could see more than 1000 hard forks - creating chaos

https://cointelegraph.com/news/developers-begin-turning-to-hard-forks-for-fundraising-rather-than-icos

Hey if I get free coins for each one which I hodl or resell for bitcoin I'm not complaining at all.

This ridiculous expansion in random coins is a natural part of growth, the next step is contraction and partnerships (absorption).

This means that according to their roadmaps in 2018 we could see how more than 1000 ICOs will fail and close their projects. Which will blow the bubble and create chaos (hopefully for a short period of time).

thank for your infomations

that's the trend. ico makes good coin and coin bad. We can not stop and manage them. so I think we should be more careful, more and more traps. The more opportunities we have

ico good and bad ico. Co-workers scam a lot, if you are smart, you can not make the mistake of investing in those coin. No laws against ico, except China. so you have to be careful

ICO has negative note and possitive note too. Many ico make good coin, help the market more variety and also make benefit for some people. However, many ico and token are scam, they cheating people who doesn't know much about bitcoin. This is the most reason think badly about bitcoin and it become a good reason for government go dirty on bitcoin name !

It may create chaos with the users in cryptocurrency. The hard forks would just make the Bitcoin network stronger as more and more hard forks are being publish to the public the more people do have something to trade to Bitcoin. Mostly i think would just be nothing to be honest compared to Bitcoin Cash and Gold.

If there is no good reason for a fork it would ultimately be abandoned. Bitcoin gold did well because in spite of the cash fork having been out just recently it still offered something new and hence gathered a lot of support from miners. However, Bitcoin forks have already tired crowds so I don't think any other fork would have any success.

if there are more than 1000 hard forks in next year, then i think we can get free coins again if the dev decide to give something to us. but if not, then i think the price will be goes up and will reach new price. and maybe hard forks is another way to reach the investor to invest their money to support the project.

I agree with your opinion in the year 2017 bitcoin fork make BCH and BCD now, in the year 2018 will be much more fork This makes the disorder against the existence of the bitcoin. but I believe the bitcoin can survive it all and the higher its value.

I also hope that chaos in 2018 only briefly, not too long the chaos happened. we must be careful in choosing ICO. I hope after that, all ICO back up, no more scams.

Copying Bitcoin's UTXO set taps a large network of potential users, but it also comes with a lot of baggage (a huge blockchain to download and highly complex consensus code). ERC-20 tokens are very easy to copy and paste. Developers competent enough to code software of Bitcoin Core's complexity are few and far between.

I think we'll see more forks with even more problematic launches than Bgold. The market will eventually burn out on them. People will realize that the Core developers are far too important to Bitcoin's success to be replaced by unknowns.

The growth industry is probably domain names for all these forks. It's getting hard to find decent Bitcoin .com domain names.

I agree with you.But i think ,it also will  increase to take more careful .
Finally i believe in possitive on its effective creativity in upcoming future. 8)
Wish the best for 2018  8)
Good luck!!!

here are many good ico as well as bad ico.
We need to be serious about investing
Many countries in the world have no laws for Icon, except for China.
So every one of us needs attention

Out of those 1000 in 2017 how many where listed successfully on exchanges? Only 2 (BCH,BTG) I believe so we don't need to worry if there will be another 1000 forks in 2018. Bitcoin users are now more knowledgeable about those forks and they are now aware that forked coins are just a replica of bitcoin who is trying to outshine it. And another thing of those 3 hard forks this year during it's implementation the price of bitcoin goes high every time.

Seriously. What is wrong with hard forks? It is free and if you don't like it then don't claim or simply dump it. When a hard forked coin does nothing and cannot present developments and solid platform then it will cease to exist. Not a problem actually.

Yet again with the failed logic. The number of ICOs and the number of forks are in no way correlated. Bitcoin has already been forked more than 900 times and that has not caused chaos. The vast majority of those forks came to nothing and a few survived with no negative effect on Bitcoin, that's also the likely outcome of future forks.

Apparently, that move is not a good move, ICOs are still better than Forks, Developers are just using the Hard Forks to generate profit unlike ICOs that do have mission,vision, roadmap and backed up by a business or company. It will surely create chaos and if creation of Forked Coin become a phenomenon, Community should stay away from forked coins of Bitcoin and each of forked coin should be subject to scam.

What you are saying is 100% true as first their were Airdrops for new coins release then came ICO trend and now no more new coins development just take a block number and claim it hard fork and then a new coin is ready but the profit is for the bitcoin holders who will get free coins of each hard fork for the bitcoins they are holding. But the more danger is that out of this hardforks 90% of them will be scammers as when you are claiming this hardfork coin and dont take care of your bitcoins then it can be thefted by way of creating scam wallet for hardfork and when the users claim it their coins will be hacked. So the coming future hardfork are very risky to get scammed

Too many ICO's had been develop and more to be develop soon, some become successful but most of them failed or become scam or just wanted to have profit. No matter how many hard forks will come no one can beat our beloved bitcoin for sure.

Thats ridiculous to hear, I mean what the use of it, just to raise the funds and create wealth out of the people’s wallet? Is that it, thats the best way to go through it. I mean what about the development, do they really do it? I don’t think so, it is just about the raising the money. What we are getting is just circulation of those free coins and then we greed for the money. But id not understand why that is good way to keep up the new coins market cap all time high.

You know guys that really kills the market of bitcoin because we put our money into those alts later on and make it worst station for the bitcoin investment. Then we keep creating why the prices of bitcoin are going down and is it good time to sell and blah blah. Thats why we must not support the forks. Its such bad news for 2018 year.

1000 forks in 2017 and the price hit 800% increase, are you saying that in 2018 bitcoin will do the same because of these forks? hard forks are not doing any negative in bitcoin because bitcoin will always be bitcoin.

Good news for Bitcoin holders, and bad news for bounty hunters.
they will not find work from ICO, they will turn into a trader.
hopefully this becomes a reference for ICO to be more qualified.  >:(

ICO token is able to be created easily, but hardfork requires more technical knowledge and can't be created too easy by a lot of ICO scammer. This is a good trends  ;D

If any new coins takes birth by hard forking in future, it will not be acceptable by the community imo.
There is already a lot chaos after Bitcoin cash forking. The community has divided into two parts. BCH's ann thread is became a battle ground now.
Most recently we have seen the reactions of the community for Bitcoin Gold, Bitcoin Diamond. The reactions just indicates that the community don't want anymore forks/new coins.

it is just a temporary thing where some lazy developers think if they use the name of bitcoin in their shitcoin, they will gain some traction. and the first few will actually gain some attention. like bitcoin cash and bitcoin gold. but as the shits hit the fan, people will pay less and less attention to them and a low price for these means a much harder sustainability than a normal altcoin from scratch of an ICO. they will disappear as fast as they appear.

1000 is just an FUD that OP is dumbly saying to gain some attention ;)

Haven’t heard about bitcoin social? That is the trending token released for air dropping

the fact that some ICO are scam or being dump doesnt mean there are still no good ICO. even if there will 10000 ICO in 2018 there will still be successful one. nowadays ICO has opened peoples eyes and alot of people are no more ready to invest in ICO that has no future. ICO with working product at hand are more sustainable and are less prone to failure compare to alot of ICO who has no working product but a graphic website.

That doesn't seems practical, no doubt we will see many forks in 2018 but not that much like these ICOs in present 2017. ICOs and forks both have many disadvantages aside with their benefits. Not only 1000 times we will collect the free coins by holding bitcoins but every time we will have to see huge uncertainty and high volatility in price due to the forks and whales in the market.

I would welcome it. It would be no chaos at all, only those coins with community support would be used long term, currently only Bitcoin Cash has community support, multi team development and increasing adoption.

If in 2018 will have been more than 1000 hard fork. I think some coins price will very increase.  :)

There are many ICO being created every day and mostly ICO -based on ETH platform. And the number of scam ICO is also increasing a lot, can somebody help me how to avoid the ICO Scam?

I know you're aware that hard fork, which is a change of base code cannot be without problems! Aside from the risk of successful transition and implementation, there's reduction in the capitalization of the original version and the community also gets divided thus weakening its support, the backbone for any coin. Taking the case of Bitcoin, the hard forks were attempts to hijack the Bitcoin brand name, because of its economic status and Bitcoin Cash, Bitcoin Gold and Segwit2x are just 3 ways of saying one and same thing!

1000 forks is crazily a very high number, that can fluently spam crypto community unless they give something valuable to it , ( it won't be the case, I guess )

There will come many more forks. But we as a community must take a stand and just ignore these bogus forks.
Diamond/Silver and even gold, they will turn out to be shit in the end. So try to not get fooled by this bogus bitcoin forks. Ignore them!

Threats to ICO and bounty hunter.
this is a win for holders of Bitcoin, they managed to add the money easily.

It can be possible because surely we need yo have an active market for cryptos and having a fork is one way to keep the circulation balance otherwise bitcoin will be boring and may not continue to appreciate. But at the end of the we must know which coin will stay at the top and that is bitcoin those fork is just an option

It only creates chaos when people choose to use the ICOs or give them value, why would you not simply ignore them and make them value-less? It's a whole lot easier than trying to play games and keep track of what's going on with forks everywhere. I haven't even heard of Bitcoin Red or whatever it was, and what do you know, the value of it is in the shitter in comparison. Just ignore the forks, don't play the games and everything goes fine. People will choose to use them or to not based on their personal choices.

I think the reason why they are not ignoring ICOs or Forks is because there is free money after that but yes, some are fails meaning even if you get something from them but there is no value in selling those gained coins. I think if this year we have ICO and HARD FORKS in 2018 there will be a new name , new way but same purpose like ICO or Hardfork.

To me, such bitcoin fork is just another alt coin, so 1000 hard forks is just another 1000 alt coins. But these 1000 alt coins will airdrop to bitcoin holder. If this is the predicted trends then I will hold more bitcoin later  ;D

I actually in a way it's the investors who are going to make some good money, I can choose to keep the new coins that's brought by these forks and when their value rises I can sell and make some good money. I got it for free so making some cash out of it is no problem at all.

I don't think that Bitcoin Cash was an attempt to hijack Bitcoin and here is why...

To hijack Bitcoin would be to use the same name as Bitcoin, not create a new brand and call it something else and then try to claim that it is the real Bitcoin, this makes no sense and I don't understand why they think people will believe it is the real Bitcoin when it has a different name. hahaha

This is what I'm starting to think. Each time a fork happens, people mostly ditch their free coins and put it into BTC since it gives a better ROI than most crypto.
I guess it is in some ways a good thing to have these forks as it solidifies the BTC name and brings in more investment that may not have happened otherwise.

I think the thing with Bitcoin Cash a few weeks ago may have been. However, SegWit2x was the real attempt.

We could see that OP is continuously creating negative topics against bitcoin.I think that hard forks are nowadays losing their importance.Few days earlier,people eagerly expected hard forks for free air drops.But they were very much disappointed with bitcoin gold.It is said to be a scam project with most of coins premined.So,there would be no threat for bitcoin due to hard forks in the future.

This is because too many people lose money in ICO, they do not trust ICO anymore.
In order to get people interested, they need to get something new for people to invest, and now the new stuff is forking away bitcoin.
When people lose money during these hard forks, they will continue to move to something else.

Thank you for your infomation

This year can be considered the first year of the fork, and maybe next year it will be the age of the big bang. But I don't really care about these forks. I think they're just comparing special coins. It is impossible to replace bitcoin.

there are many bad ico. and also a lot of good ico. If you are a smart investor, you should find out before investing in a certain ico. Do not let the profits fool you. Good luck

Forks are made for the upgrade, the way of development of bitcoin but in these case people are turning that development and upgrade away, making it a way to earn a lot of people.

If they're project or goals are really good, there are a lot of other platforms they can make those tokens. People will still be investing on those if it is really interesting and a very good project. If this will be the case, I can see a lot of people being pissed with every week, you can see a lot of forks out of bitcoin, it will not only affect users and holders but also the price.

If you do not distinguish bad ico and good ico. You should not invest in bitcoin. think hard A lot of good ico for you investment. And you have a large amount of money, but otherwise, you will lose money when investing in a bad ico

Indeed, people shifting fast from one phase to another, if they find out that the thing they invest is not bringing in profit. All these terms - "Initial Crowd Offering" & "hard forks" are just only various forms to attract more investors join the "party boat"  ;D